Vanguard Real Estate ETF $VNQ Shares Bought by Magnolia Wealth Management LLC

Magnolia Wealth Management LLC lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 11.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 136,305 shares of the exchange traded fund’s stock after acquiring an additional 14,229 shares during the quarter. Vanguard Real Estate ETF comprises approximately 6.9% of Magnolia Wealth Management LLC’s holdings, making the stock its 6th largest position. Magnolia Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $13,144,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Worth Asset Management LLC bought a new stake in Vanguard Real Estate ETF during the first quarter valued at about $751,000. Pure Financial Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 6.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,114,060 shares of the exchange traded fund’s stock worth $187,073,000 after purchasing an additional 128,843 shares during the period. Keewaydin Investments LLC acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth about $6,235,000. Berkeley Capital Partners LLC lifted its position in shares of Vanguard Real Estate ETF by 564.2% during the 4th quarter. Berkeley Capital Partners LLC now owns 26,437 shares of the exchange traded fund’s stock worth $2,339,000 after purchasing an additional 22,457 shares during the last quarter. Finally, IF Advisors LLC bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at approximately $3,715,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 0.7%

Shares of NYSEARCA:VNQ opened at $96.02 on Friday. The company has a market cap of $38.05 billion, a price-to-earnings ratio of 35.58 and a beta of 0.96. The business has a 50 day moving average price of $98.23 and a 200 day moving average price of $95.78. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $101.80.

Vanguard Real Estate ETF Company Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.